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2/3/2015 2:24PM

CIO Network: Internet of Things Means Big Data

Cisco CEO John T. Chambers talks about how businesses can analyze the big data gathered by the internet of things. He speaks with WSJ’s Senior Deputy Technology Editor Scott Thurm at the CIO Network in San Diego, Calif.

This transcript has been automatically generated and may not be 100% accurate.

... they were to be creating from ... all all those ... Internet connected devices ... increase exponentially am imagine ... so ... what or how how ... how are the CEOs of the world's manage all that ... how they can keep up ... so the answer is this is one that I think we agree and you have to be an ... I did miss the data being acted shorting those worthless ... I it's very simplistic in the right data ... at the right time to the right device right person so they can make the right decision ... that means there's gonna be in the role of a networks can change dramatically ... country a lot of people's view on the day that the majority of the day to watch the analyze and act on its network ... and if you write applications right they can run in the crowd The commended biggest or the man in the way and that the red metal with the edge ... of it would transform business the tremendous pace for those of the retell I don't think it's an understatement ... to say you increase the market basket of a shopper in your store about some of the fifteen to thirty five percent ... and how you combine the concepts of parking capability to understand with the parking lots are still up ... these in your store where they hesitate ... at heaving Associates to him at the right time Heidi you should be a capability with a broken consumer ... opt out capability to change that experienced on ... IV lacking eliminate Beetel lines are repeated time they met ... at age you need not a lot of that the checkout counter thing in the past ... dramatic transformation ... same thing in manufacturing you're probably gonna see a huge fish ... were aching from supply chain to new generation of manufacturing software capabilities ... all the way to the real ice tea and ... in years and if roll a strategic partnerships ... it's an overused term but not strategic partners in future will be companies that might surprise you ... of players like Rockwell that one bad at first just technology working together then embedded in jointly develop the products ... with the shop floor ... of players like Washington to how they're going to go the home and how do you make the changes that area ... players fight perhaps Apple be changing the way did she think about a market except for ... so the rollback is a popular again at the beverage can be an exciting and ... and I think it's a tremendous opportunity for all this to trim ... he said frequently there that you think more than this can be analyzed the edge of the network and after you crack the soap explain what you talking about in ... and why that's to be that it ... will if you look at the amount of information be afforded the best out of ideas and in the worthless ... it's become more and more video basics after still needed to go for the bandwidth is to be hard to get an up ... date in motion will require decisions being made advantage ... we could argue with next-generation mining equipment will a decision to make it out from centralization with you may get the edge ... you have one or two big players there will be made at the edge ... you'll be basically doing mining in an area almost no human is often the mining trucks going everywhere them on a new but going everywhere ... they're the hundreds of thousands of sensor beats per second ... going and ... the ability to analyze that data The and I'm not operating a different level one of these made the decision of the Diamond added the edge ... of the take up the status of the essential site of the video wave because customers a good sign for both ... the key takeaway here for retail stores an exam or branch thank ... you wanna know what the customers do it that the new one identified quickly you want to be Obel to act on their data with their consent ... in a very unique way so I think most the day that will be analyzed the edge ... including the lead on this ...